I am getting closer to an exchange on a property in Marsden and my mum and dad have sent the 10% deposit to my lawyer. I am now informed that as the deposit has not arrived from me my conveyancer needs to make a notification to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender concerning my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
Your property lawyer is legally required to check with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
I have 71 years left on my lease and need a lease extension for my flat in Marsden. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/6/2026 the requirements read as follows :
What will a local search tell me regarding the property my wife and I purchasing in Marsden?
Marsden conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations such as Searches UK The local search is essential in every Marsden conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should supply information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
Am I best advised to instruct a Marsden conveyancing practitioner who is local to the property I am purchasing? An old friend can handle the legal work but they are based over three hundred kilometers away.
The primary upside of using a local Marsden conveyancing practice is that you can visit the firm to sign paperwork, present your ID and pester them if necessary. Having local Marsden know how is a plus. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were happy that should surpass using an unfamiliar Marsden conveyancing solicitor just because they are based in the area.
Estate agents have just been given the go-ahead to market my 2 bed flat in Marsden. Conveyancing lawyers have not yet been instructed, however I have recently had a yearly service charge demand – Do I pay up?
It best that you clear the maintenance contribution as usual as all rents and maintenance charges should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Marsden - A selection of Queries Prior to Purchasing
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It is important to be aware whether changing the roof or some other major work is anticipated that will be shared between the tenants and may well materially impact the level of the service costs or result in a specific payment. What is the annual service fee and ground rent? Is anyone aware of any major works on the horizon that will increase the service costs?
Do I cancel the direct debit for my mortgage with Kent Reliance as soon as a completion date for my sale in Marsden has been set?
No, you must maintain meeting any mortgage payments to Kent Reliance pending the mortgage being discharged on completion as part of your Marsden conveyancing.